Break below 1.3150

EUR/USD has slipped back into the 1.3150s as the market digests the latest US data. Retail Sales might not have matched the consensus forecasts but the headline was positive to support the US unit. The pair is yet to break back below the 1.3150-mark but further US unit gains cannot be ruled out and this will put the EUR/USD 1.3127 session lows and the support into the figure in view below.

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